Demystifying Ancillary Winding-Up : Disapplying Local Substantive and Procedural Rules

The Scottish decision in Morris (Liquidator of Bank of Credit amp; Commerce International), Re Petition of The Bank of England is correct that an ancillary winding-up makes good sense and may disapply local procedural rules that do not serve any practical purpose. Owing to a misunderstanding of the English authorities and the principle of pari passu distribution, the Scottish court wrongly concluded that local substantive rules may not be disapplied

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Year of publication:	[2008]
Authors:	Ho, Look Chan
Publisher:	[2008]: [S.l.] : SSRN

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Extent:	1 Online-Ressource (11 p)
Type of publication:	Book / Working Paper
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments January 6, 2008 erstellt
Other identifiers:	10.2139/ssrn.1081187 [DOI]
Classification:	K10 - Basic Areas of Law. General ; K19 - Basic Areas of Law. Other ; K20 - Regulation and Business Law. General ; K29 - Regulation and Business Law. Other ; K30 - Other Substantive Areas of Law. General ; K33 - International Law ; K39 - Other Substantive Areas of Law. Other ; K40 - Legal Procedure, the Legal System, and Illegal Behavior. General ; K41 - Litigation Process ; K49 - Legal Procedure, the Legal System, and Illegal Behavior. Other
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10012725916